Nebius Earnings Preview: Michael Burry Is Short but Prediction Markets See Nvidia, Meta Taking Center Sta

Nebius Earnings Preview: Michael Burry Is Short but Prediction Markets See Nvidia, Meta Taking Center Sta

Nebius Q2 earnings Wednesday: $573M revenue (+400%), backed by Nvidia ($2B) and Meta ($27B deal), 4+ gigawatts—but Michael Burry is short NBIS. Signal for IT leaders: AI infrastructure capex consolidating with tightening margins; Street already prices bullish guidance, limiting upside on infrastructure spend.